AmCham supports Happening Haryana Global Investors Summit

AmCham supported the Government of Haryana and CII as an associate partner for this event held from 6th-8th March 2016 at the Leela Ambience, Gurgaon. The Happening Haryana Global Investors Summit was the Haryana government’s first-ever concerted effort to attract global investors into the state and it proved to be a great success with the signing of 357 MoUs worth Rs. 5,84,000 crore, and participation by more than 3,000 delegates, including 160 from 12 partner international countries, 15 Union Ministers, global CEOs and industry leaders.

The summit aimed to establish Haryana a premier investment destination for both foreign as well as domestic investors, develop strong macro-economic system through equitable and sustainable growth, create jobs for the local population, and provide a platform for new ideas and innovations for future investment opportunities in to the state.
The Haryana Chief Minister Manohar Lal said, “The MoUs and the quantum of monies associated with the MSME sector proves our dedication to the medium and small-sized businesses. The amount of monies committed is a proof of the success of our new policy initiatives, including Enterprise Promotion Policy 2015.”

The valedictory session of the Happening Haryana summit saw Union Minister for Road Transport and Highways and Shipping, Nitin Gadkari, making a slew of announcements. He said that the centre would undertake 23 highway projects in the state within six months, entailing 1,183 kilometres and an investment of over Rs. 11,000 crore.

He said that the centre would be investing Rs. 32,000 crore in the national highway projects over the next two years. Declaring the Gurgaon-Dwarka Highway as a national highway project, the Minister added that the government would be investing more than Rs. 1,000 crore for constructing flyovers across Gurgaon’s heavy traffic-prone areas.

The last session saw the state government launching Haryana Solar Policy 2016. It was declared that Haryana would tweak its procurement policy to source at least 20% of PSU requirements from MSMEs.

It was also announced that 18 cities across Haryana would be funded under the Central plan of AMRUT (Atal Mission for Rejuvenation and Urban Transformation) and a railway coach factory would be set up over an area of 120 acres.

The focus areas of the summit included: agro based and food processing, automotive Industry, aerospace and defence, IT/ITeS and ESDM, footwear and accessories, pharmaceuticals and chemicals, renewable energy and textiles.